CSG Posts 4Q Gains

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CSG Systems International Inc. reported fourth-quarter-2004 total revenue of $136.6 million, up from $129.9 million in the year-ago quarter.

Net income rose to $12.262 million, or 24 cents per share, from $7.071 million (14 cents) in the fourth quarter of 2003.

The company said processing revenues were $84.3 million, up 4% from $80.8 million in the year-ago period and from $80.7 million for the third quarter of 2004.

“As we go into 2005, CSG has never been in a stronger position," chairman and CEO Neal Hansen said in a prepared statement. "We have a clearly defined plan for how we will continue to deliver unmatched value to our customers and continue to grow the business.”

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